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Egypt’s passenger car sales rise 55% y-o-y in October
Passenger car sales were up in October for the ninth consecutive month, rising 55% y-o-y to 14,640 vehicles, according to…
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Etisalat Misr awarded EGP 700 in dispute with Vodafone Egypt
Etisalat Misr wins EGP 700 mn arbitral award against Vodafone Egypt, Matouk Bassiouny & Hennawy law firm, which presented the…
Gov’t puts pen to paper on strategy for Egypt’s energy hub ambitions
Gov’t puts pen to paper on EastMed energy hub strategy: A government committee has drafted a strategy to advance Egypt’s…
Egypt’s budget deficit dips in first five months of FY 2018-19
Egypt’s budget deficit dipped to 3.1% from 3.7% y-o-y during the first five months of FY2018-19, coming in at EGP…
Poverty rate in rural Upper Egypt drops 10%
Poverty in rural Upper Egypt may have fallen sharply, a potential boon for supporters of the Sisi administration’s economic policies.…
El Sisi appoints two new deputies for Egypt’s Suez Canal Economic Zone
MOVES- SCZone gets two new deputy chiefs: President Abdel El Fattah El Sisi has named Mohamed Marey and Mohamed Beraya…
Three Vietnamese tourists dead in Giza attack
Three Vietnamese tourists and their Egyptian tour guide were killed in a bomb attack near the Giza Pyramids on Friday,…
Heliopolis Housing, a pilot of the state’s privatization program, could sell Al Nasr stake
M&A WATCH- Heliopolis Housing could sell Al Nasr stake: State-owned Heliopolis Housing and Development (HDD), one of the first companies…
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